Multiple effects of business plans on new ventures

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dc.contributor.authorBurke, Andrew
dc.contributor.authorFraser, Stuart
dc.contributor.authorGreen, Francis
dc.date.accessioned2009-11-10T09:37:58Z
dc.date.available2009-11-10T09:37:58Z
dc.date.issued2009-02
dc.description.abstractWe investigate the impact of writing a business plan prior to start-up on new venture performance. Our analysis makes new contributions by examining multiple effects of business plans. This approach allows the impacts of business plans to be disentangled from selection effects due to differences in the profile and business context of ventures that are more or less likely to write a business plan. We offer an empirical methodology and apply it to UK data where we find that business plans promote employment growth. This is found to be due to the impact of the plan and not selection effects.en_UK
dc.identifier.citationAndrew Burke, Stuart Fraser and Francis Green, Multiple effects of business plans on new ventures, RP 2/09, Cranfield University School of Management.en_UK
dc.identifier.isbn1859051995
dc.identifier.urihttp://hdl.handle.net/1826/3928
dc.language.isoenen_UK
dc.publisherCranfield University School of Managementen_UK
dc.relation.ispartofseriesResearch Paper Seriesen_UK
dc.relation.ispartofseriesRP 2/09en_UK
dc.subjectNew Venturesen_UK
dc.subjectBusiness Plansen_UK
dc.subjectSwitching regression modellingen_UK
dc.titleMultiple effects of business plans on new venturesen_UK
dc.typeWorking Paperen_UK

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